EPF Balance Check: How can I find out whether your employer is making contributions to your PF account? Understand the process

 EPF Balance Check: How can I find out whether your employer is making contributions to your PF account? Understand the process

EPF Balance Check: How can I find out whether your employer is making contributions to your PF account? Understand the process

Steps for Checking Your EPF Balance: Your employer deducts a set amount from your pay each month to deposit the PF funds, and you get interest on that money each year.

Steps for Checking Your EPF Balance: Each month, funds for the Employee Provident Fund are taken out of working individuals' accounts. This is often the initial step toward accumulating a retirement fund. Your employer deducts a certain amount from your pay each month to deposit the PF funds, and you get interest on that money each year.

How is money taken out of an EPF?

Each employee's DA and basic pay are put into their PF account at a rate of 12% each. Additionally, the employer contributes 12% of the employee's income to their PF account. 3.67 percent of the company's contribution is deposited to the Employee Provident Fund (EPF). 8.33% of the total amount is placed into the Pension Scheme concurrently.

How can one determine whether or not money is being deposited?

However, what really occurs is that we neglect to verify the amount of money put in our PF account for many months. Putting that aside, we don't even rapidly visit and log into the EPFO website. How would you find out in a circumstance like this whether your firm is submitting EPF funds or not? You may either use an SMS to find out whether your money is being deposited on a regular basis or you can verify in another method.

How can I find out whether the corporation has deposited the money or not?

You must examine your EPF account's passbook for this. Your passbook will include information on the amount and date of money placed. You may verify this by going to the EPFO Portal; the instructions are provided below.

The EPFO portal's passbook check procedure

Step 1: Visit the EPFO Portal at https://www.epfindia.gov.in/site_en/index.php as the first step. You need to have activated your Universal Account Number (UAN) in order to do this.

Step 2: After the website loads, pick the drop-down option labeled "for employees" under the "Our Services" header.

Step 3: Under the service column, choose "member passbook."

Step 4: You must enter your password and UAN on the next page. Enter the captcha to log in.

Step 5: Enter the member ID after signing in. Your EPF balance will then become accessible. You may also find information on account balances, all deposit data, member and establishment IDs, office names, employee and employer shares, and establishment IDs in this.